Zara Investment (Holding) Co (AMM:ZARA) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Zara Investment (Holding) Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Zara Investment (Holding) Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Zara Investment (Holding) Co's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.09). It may suggest that Zara Investment (Holding) Co is progressively becoming less dependent on debt to grow their business.

Zara Investment (Holding) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zara Investment (Holding) Co's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zara Investment (Holding) Co LT-Debt-to-Total-Asset Chart

Zara Investment (Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.03

0.07

0.09

Zara Investment (Holding) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	-	0.09	0.09	0.09

Zara Investment (Holding) Co LT-Debt-to-Total-Asset Calculation

Zara Investment (Holding) Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	18.171	/	210.526
	=	0.09

Zara Investment (Holding) Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	18.097	/	207.531
	=	0.09

Zara Investment (Holding) Co (AMM:ZARA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Zara Investment (Holding) Co LT-Debt-to-Total-Asset Related Terms

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Zara Investment (Holding) Co (AMM:ZARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Zara Investment (Holding) Co Ltd (AMM:ZARA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hussein Bin Ali Street, P.O.Box 5315, Astra Building Wadi Saqra, Amman, JOR, 11183

Website

http://www.zaraholding.com

Zara Investment (Holding) Co Ltd is the owner of luxury 5-star hotels in Jordan with strategic locations in Amman, Dead Sea, Petra, and Aqaba. Zara owns seven 5-star hotels with a combined total of more than 2000 rooms. The hotels include Grand Hyatt Amman, Intercontinental Jordan, Movenpick Resort Petra, Zara Spa and The Movenpick Nabatean Castle.

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